Energy Policy:

GridWise's Hamilton discusses smart grid technology, urges funding through stimulus

As Congress and the incoming administration begin to iron out the details of the next stimulus, support is growing for funding a smart electric grid in the economic package. But will this type of project yield short-term benefits? During today's OnPoint, Katherine Hamilton, president of the GridWise Alliance, a coalition of more than 70 companies supporting the construction of a smart grid, explains how many immediate and long-term jobs could be created through the development of a smart grid. She highlights the technologies that would be used in the smart grid and explains how the new grid would affect consumers.